Whether it’s new recreational entertainment or a novel healthcare monitoring application, consumer technology is always evolving. Older tech is phased out and replaced with the latest and greatest offerings brought about by various companies’ exhaustive product developments. To help manufacturers, content providers, and other vendors pinpoint the current state of consumer markets, here’s a thorough rundown of 8 consumer technology trends in 2023.
If you couldn’t make the trip to Barcelona to attend Mobile World Congress (MWC) 2023 or you didn’t get your hands on virtual passes, don’t fret. Several ABI Research directors and analysts attended MWC 2023 and shared their thoughts in an insightful whitepaper. In this post, we give you a taste of those findings by sharing seven interesting quotes from our attendees. These findings should help you conceptualize the prevailing themes that swirled around the showroom floor at Fira Gran Via this year.
March 3rd is known to the global health community as World Hearing Day. The World Health Organization (WHO) created this event to recognize the roughly 20% of the world’s population that lives with hearing loss. That’s more than 1.5 billion people!
In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.
Connectivity is becoming central to almost every aspect of our lives. It has radically changed our lifestyle, enhanced our productivity, transformed the way we work and do business, and reduced the digital divide between developed and developing countries. As a result, demand for telecommunication technologies has exploded, touching almost every node of the infrastructure from the long haul to access networks, such as fixed broadband.
While most people know what Wi-Fi is and probably use it on a daily basis, few actually understand the difference between each protocol. With Wi-Fi 7 fast approaching, it’s a good time to explain each Wi-Fi standard, starting with Wi-Fi's genesis all the way back in 1997 with 802.11.
Once the go-to solution for an enterprise wireless network, Wi-Fi 5 is nearing its demise. By 2025, Wi-Fi 5 will be near obsolete, as Wi-Fi 6, Wi-Fi 6E, and Wi-Fi 7 offer superior performance in a world where enterprises introduce more and more connected devices to their work environments. To avoid getting caught off-guard, equipment vendors must learn where the greatest demands lie within the world of Information Technology (IT) and Operational Technology (OT) network solutions.
With smart home applications becoming ever-more popular, and with households making heavy use of streaming multimedia services, the growing demand for reliable, high-capacity home networking technology shows no sign of slowing down. As a result, Wi-Fi, which has been the dominant player in the home network market for years, may be facing some competition from two wired networks: G.hn and Multimedia over Coax Alliance (MoCA) 2.5.
Key Takeaways:
- Mesh Wi-Fi is growing rapidly. Shipments will reach 87 million units by 2030, making it the fastest-growing Wi-Fi solution for homes and small offices.
- Mesh delivers stronger, more reliable coverage. Multiple nodes prevent downtime, handle many devices at once, and are easy to scale with a simple plug-and-play setup.
- It improves the remote work and family experience. Mesh networks reduce lag and bandwidth issues when many devices are connected, supporting both work and entertainment needs.
- High costs and broadband requirements limit adoption. Mesh kits are expensive and need strong internet speeds, so repeaters and extenders remain attractive alternatives in price-sensitive and rural markets.
- Vendors must address performance and price concerns. To drive adoption, solution providers should minimize data-hopping issues and create more affordable entry-level options.
The COVID-19 pandemic and the subsequent work-from-home policies alerted millions more consumers and enterprises to the world of Wi-Fi coverage extension. The most encouraging solution for residential Wi-Fi extension is mesh networks, promising a seamless system that is much more resilient than a traditional Wi-Fi network.
According to ABI Research market forecasts, more than 53 million Wi-Fi mesh Customer Premise Equipment (CPE) will ship in 2025 across SOHO and residential markets. Outpacing all other Wi-Fi device types, mesh infrastructure shipments will grow at a Compound Annual Growth Rate (CAGR) of 13% through 2030, reaching 87 million units.